Payroll is the business process of paying employees. As an employer operating PAYE as part of your payroll, you need to complete certain tasks during each tax month. RTI was introduced in 2013 and is a means by which more regular submissions are made. This platform is designed to make PAYE submissions more efficient, meaning you need to submit information to HMRC in real-time, every time you pay your employees.
E&C Expert.Cont will make sure that no deadlines are missed and that your Business Payroll complies with HMRC’s RTI reporting requirements. We will take care of calculating the tax of your employees, preparing payslip and submitting RTI reports on your behalf. In order to minimise tax paid, and maximse the profit we will look at your salary and dividends to plan a tax efficient remuneration strategy.
•Administrate PAYE, National Insurance, statutory sick pay etc.
•Staff cost reporting and advice.
•Complete and submit statutory forms, including year-end returns, P35, P60s, P45s and P46s